New indicator predicts Chinese stock market volatility with enhanced accuracy.
The study looked at how uncertainty in economic policies affects the Chinese stock market. By analyzing data from China and other major countries, researchers found that high economic policy uncertainty leads to more volatility in the Chinese stock market. They also created a new indicator that can predict market volatility more accurately than existing methods. Overall, the study shows that economic policy uncertainty can have a big impact on the Chinese stock market, and the new indicator can help predict these changes better.